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Cascadia Blockchain Group (XCNQ:CK) Debt-to-Equity : -0.10 (As of Oct. 2023)


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What is Cascadia Blockchain Group Debt-to-Equity?

Cascadia Blockchain Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was C$0.09 Mil. Cascadia Blockchain Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was C$0.00 Mil. Cascadia Blockchain Group's Total Stockholders Equity for the quarter that ended in Oct. 2023 was C$-0.92 Mil. Cascadia Blockchain Group's debt to equity for the quarter that ended in Oct. 2023 was -0.10.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Cascadia Blockchain Group's Debt-to-Equity or its related term are showing as below:

XCNQ:CK' s Debt-to-Equity Range Over the Past 10 Years
Min: -12.5   Med: 0.05   Max: 0.62
Current: -0.1

During the past 12 years, the highest Debt-to-Equity Ratio of Cascadia Blockchain Group was 0.62. The lowest was -12.50. And the median was 0.05.

XCNQ:CK's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs XCNQ:CK: -0.10

Cascadia Blockchain Group Debt-to-Equity Historical Data

The historical data trend for Cascadia Blockchain Group's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cascadia Blockchain Group Debt-to-Equity Chart

Cascadia Blockchain Group Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.02 0.10 0.10 -0.06

Cascadia Blockchain Group Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.07 -0.06 -0.06 -0.11 -0.10

Competitive Comparison of Cascadia Blockchain Group's Debt-to-Equity

For the Software - Application subindustry, Cascadia Blockchain Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cascadia Blockchain Group's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Cascadia Blockchain Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Cascadia Blockchain Group's Debt-to-Equity falls into.



Cascadia Blockchain Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cascadia Blockchain Group's Debt to Equity Ratio for the fiscal year that ended in Jan. 2023 is calculated as

Cascadia Blockchain Group's Debt to Equity Ratio for the quarter that ended in Oct. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cascadia Blockchain Group  (XCNQ:CK) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Cascadia Blockchain Group Debt-to-Equity Related Terms

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Cascadia Blockchain Group (XCNQ:CK) Business Description

Traded in Other Exchanges
N/A
Address
Richmond Centre 6060 Minoru Boulevard, PO Box 43166, Richmond, BC, CAN, V6Y 3Y3
Cascadia Blockchain Group Corp in an early stage of development for the application of blockchain technology under one segment in the development of blockchain technology platform in the digital asset and cryptocurrency sectors.

Cascadia Blockchain Group (XCNQ:CK) Headlines

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